One of the most common questions traders have about stocks is “Why Is It Moving?”
That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why a stock is moving.
And so begins the month of August. The dog days of summer. Beaches, mountains, and lazy afternoons.If you follow the financial markets, that thinking might be jumping the gun, as there’s still plenty of action ahead.
One of the sectors to see massive growth during the COVID-19 pandemic was video games. The strong year-over-year increase in spending in the sector created optimism for many companies but also created some tough comparable sales.
Strong second-quarter growth in the sector could show that the strong growth could continue even as the economy reopens.
The S&P 500 has continued its late-2020 momentum in the first two quarters of the year, gaining more than 15% year-to-date. Most U.S. investors have had a lot of winners in their portfolios so far this year, but some stocks certainly performed better than others.
Here’s a look at the 10 worst-performing stocks in the entire S&P 500 in the first half of 2021.